Multiyear Scenario Planning
In this chapter we want to show how you can do quantitative long-range scenario planning with Cognos TM1. Before we dive deeper into this domain, let’s discuss the challenges and possible answers more generally, from a conceptual point of view. It might be obvious to use TM1 for strategic planning. But scenario planning is more than adapting operational planning to a longer horizon.
Do you know what will happen in the next five to ten years? Clearly, the answer should be no (otherwise you don’t need any planning tool). We can more or less make assumptions, but we can’t be sure about developments, even in ...